One corridor at a time, done properly.
Most remittance apps grow by adding countries. We'd rather earn the first one. Phase 1 is a single route, the United States to Mexico, priced at 1% with a $1 cap and built to be boringly reliable. Only once that's true do we open the next corridor.
This page is our plan in public. Nothing below is a commitment or a delivery date.
Pesito is pre-launch. Transfers are not yet available. Every feature described here is planned and subject to change, corridor availability, partner agreements and regulatory approval. Pricing shown is planned launch pricing; the exact fee and exchange rate are always shown in the app before you confirm.
The three phases
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01 Building now
Launch: United States → Mexico
Deliver a focused, reliable remittance experience on one route.
- U.S. → Mexico money transfers
- Region-specific wallets for supported corridors
- Transparent pricing: 1% of the amount sent, capped at $1 USD
- Fee calculator before you send, and full disclosure before you confirm
- Transaction history
- Recipient management and saved recipients
- English and Spanish throughout
- Basic referral program
- Push and email notifications
- Downloadable receipts
How we'll know it workedA stable, trusted product with strong user satisfaction, before any geographic expansion.
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02 Planned
Regional expansion and financial tools
Deepen engagement while expanding thoughtfully.
- Canada
- Brazil, after regulatory readiness and local payment integration
- Pesito Lux, rewards and loyalty
- Physical and virtual debit cards, subject to banking partnerships
- Spending insights
- Enhanced referral incentives
- Saved recipients across supported countries
- Improved onboarding and identity verification
- Multi-currency balance for supported regions
How we'll know it workedGrowing active users while reliability and compliance hold steady.
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03 Exploring
Multi-country platform
Evolve Pesito into a broader cross-border payments platform.
- New corridors prioritised by customer demand and regulatory readiness: Colombia, Guatemala, El Salvador, Honduras, Peru and other Latin American markets
- Unified wallet across supported countries
- Local payment methods where available
- Business payments for small and medium businesses
- Family and shared payment features
- Expanded partner network for cash-in and cash-out
- Continued accessibility and localization improvements
How we'll know it workedSustainable expansion with a consistent experience across every market.
The price promise travels with us.
Every corridor we open is meant to carry the same commitment: a small percentage fee with a hard cap, no markup hidden inside the exchange rate, and the full cost on screen before you confirm. If that ever has to change for a specific market, we'll say so on this page and in the app, not in a footnote.
Which corridor should be next?
Phase 3 is deliberately unordered. The countries at the top of that list will be the ones our waitlist actually asks for, so joining is the most direct way to influence what we build.
The largest corridor on earth, and the one that has changed least.
U.S.→Mexico moves more person-to-person money than any other country pair. In 2025 it contracted for the first time in eleven years, and for the first time on record more than half of it landed in a bank account instead of a cash window. Those two facts together open a window that had been shut for a decade.
The market, measured in fees rather than flow.
Calling this "a $62 billion market" describes how much money crosses the border, not how much can be charged for crossing it. What follows is the fee pool, which is the only thing an operator can actually earn.
$59.7B × 4.54% average cost = $2.71B What the entire corridor pays today in fees and exchange-rate margin.
$30.9B × 4.54% = $1.40B Pesito funds with debit and ACH and delivers to a CLABE over SPEI. That leaves out, for now, the half of the corridor collected in cash: that half needs an agent network, and it is Phase 2.
1% of $397 = $3.97 → the cap cuts it to $1.00 Better to say it before you work it out yourself: at a $397 average transfer the $1 cap binds on essentially every transaction. Transfer revenue does not scale with amount, it scales with transaction count, and across 78M addressable transfers the transfer business tops out around $78M a year at 100% of the SAM. That is precisely why the transfer is the wedge and not the model.
The transfer buys the customer. The balance monetizes them.
The $1 cap exists to win the most price-sensitive segment of the most competed corridor in the world, where Mexico is already the cheapest G20 destination at 4.53%. You do not win there with a marketing budget; you win with a different cost structure. Three revenue layers sit on top of that wedge.
- Balance that stays. A remittance is a dollar once. A balance that stays in the wallet earns float and makes the next transfer free to acquire.
- Interchange (Phase 2 cards). A card on that balance earns interchange on spend: the same customer, many times the transfer fee.
- More corridors (Phase 3). Revenue scales with transaction count, not transfer size, so each new corridor adds transactions on the same rails.
The $1 cap is a launch commitment, and it is worded that way in every public surface, not a permanent constraint on the model.
Four things changed between 2025 and 2026.
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The corridor shrank for the first time in eleven years
2025 closed at $61,791M, 4.6% below the $64,746M record set in 2024. When a market that only ever grew stops growing, operators stop defending share by inertia and users question their provider for the first time in a decade.
Banxico, via BBVA Research, January 2026 -
Account payout overtook cash for the first time
50.4% of electronic remittances were deposited into an account in 2025, against 49.6% collected at a cash window. It is the first year on record where the digital half wins. The cash agent network, the real moat behind Western Union and MoneyGram, is eroding on its own.
Banxico, electronic remittances 2025 -
The U.S. federal excise penalises exactly the channel we don't use
Since 1 January 2026 a 1% federal excise applies to remittances funded with cash, a money order or a cashier's check (OBBBA). Digital funding is exempt. Pesito was designed debit- and ACH-only, so the tax pushes volume toward the class of product we are building. General information, not tax advice.
One Big Beautiful Bill Act, signed 4 July 2025 -
Mexico is already the cheapest G20 corridor, and that is the opportunity
4.53% to send $200, the lowest cost of any G20 destination. That sounds like a market with no margin left to win, and it is the opposite: it means the remaining margin is being defended, not enjoyed. You do not enter here with discounts. You enter with a settlement structure that costs less to run. That is exactly the argument behind the $1 cap.
World Bank, Remittance Prices Worldwide Q3 2025
Three structural advantages.
- $PesitoID is a handle, not an account. The recipient in Mexico exists on the network before they have a balance, so every successful transfer creates a node that retains the sender and attracts the next one. Remitly and Western Union have no such network effect.
- Settlement over Puente Railway, not bank rails. The critical leg touches neither SWIFT nor correspondent banking. Copying it forces an incumbent to rebuild its payment stack: 18 to 24 months, not a sprint.
- Both cash ends, planned. Cash-in at OXXO and cash-out over SPEI would close the loop without requiring a bank account. Planned features, subject to change and regulatory approval.
What exists today, unvarnished.
- Waitlist open. Size and distribution in the data room, under NDA.
- MVP built, pre-production. Rust API with passing tests and applied migrations; bilingual Flutter app ready for TestFlight. It does not move money in production yet.
- Partners in sandbox. Cash-in and cash-out flows built against signed sandboxes; production contracts and a U.S. sponsor in conversation.
- Regulatory path in analysis. IFPE or Sofipo, estimated at 6 to 8 months once the Compliance Lead is hired. That is the next critical hire and it is not filled.
Pesito today is a technical founding team. We say that on the page, not only in the meeting.
Book a demo.
We'll show you the product running, the settlement architecture and the waitlist numbers. Write to us and we reply within one business day.
business@pesito.laThis page is general information about the company. It is not an offer to sell or a solicitation of an offer to buy securities, and it is not investment advice. Market figures cited come from Banco de México (SIE table CA11, 2025 preliminary) and the World Bank (Remittance Prices Worldwide, Q3 2025); the figures derived from them are Pesito estimates. Features and pricing described are pre-launch plans subject to change and regulatory approval.